Corpns get re­lief: HC or­ders Delhi govt to give funds

‘Im­ple­ment Re­port of FinCom, Don’t Stand On Ego’ Civic bod­ies ex­pect 10k-crore wind­fall

The Times of India (New Delhi edition) - - FRONT PAGE - Ab­hi­nav.Garg@

New Delhi: In a ma­jor re­lief for two cash-strapped cor­po­ra­tions in the cap­i­tal, the Delhi high court ob­served on Mon­day that “prima fa­cie” it was con­vinced that they must get the ben­e­fit of the Fourth Delhi Fi­nance Com­mis­sion’s rec­om­men­da­tions. It has set a one-month dead­line for the Delhi govern­ment to re­lease the money.

“Do not stand on ego and say that since Govern­ment of In­dia is not pay­ing you, you will not pay the mu­nic­i­pal cor­po­ra­tions,” a bench of act­ing Chief Jus­tice Gita Mit­tal and Jus­tice C Hari Shankar told the state govern­ment, ask­ing it to re­lease the dues with ef­fect from Novem­ber 1, 2017.

The in­terim or­der is con- The

cash-strapped North and East Cor­po­ra­tions are look­ing for­ward to a fi­nan­cial re­vival af­ter the HC or­der. EDMC ex­pects to get around Rs 9,000 crore an­nu­ally, while its north coun­ter­part is eye­ing Rs 1,616 crore. The cash crunch has caused em­ployee un­rest, with em­ploy­ees of­ten re­sort­ing to strikes. fined to the East Delhi Mu­nic­i­pal Cor­po­ra­tion and the North Delhi Mu­nic­i­pal Cor­po­ra­tion, which are fac­ing a funds crunch and are un­able to pay salaries and pen­sions.

A Delhi govern­ment spokesper­son said they were wait­ing for the or­der and would com­ply if there were any dues. The spokesper­son claimed that the cor­po­ra­tions had been paid more than their due.

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